Friday, October 16, 2026

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AUD/USD 0.7590/0.7825 range intact for now, long-term looks bearish

AUD/USD choppy 0.7590/0.7825 range holds, pair buffeted by crosses & commodities AUD firm vs. EUR, NZD & USD, heavy iron-ore & copper keep gains tempered RBA trying to jawbone keeps bulls in check, weigh on AUD 0.7590/0.…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • AUD/USD choppy 0.7590/0.7825 range holds, pair buffeted by crosses & commodities

  • AUD firm vs. EUR, NZD & USD, heavy iron-ore & copper keep gains tempered

  • RBA trying to jawbone keeps bulls in check, weigh on AUD

  • 0.7590/0.7825 range intact but long-term outlooks still bearish

  • Sub-0.7500 eyes 0.7250 then sub-0.70 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team